MITC secures major Chinese investments for Malawi special economic zones

WRITTEN BY INNOCENT MANDA - MANA Published - August 18, 2025 11:24 PM GMT+2 · Updated - 5 days ago ⏱ 2 Min Read
The Malawi Investment and Trade Centre (MITC) has clinched over ten major cooperation deals with Chinese enterprises during investment forums in Shenzhen and Ningbo, paving the way for accelerated development of the Chipoka Special Economic Zone and driving Malawi 2063 goals.
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The Malawi Investment and Trade Centre (MITC) has secured major investment commitments from Chinese enterprises following its third China-Malawi Special Economic Zone (SEZ) investment forum series held in Shenzhen and Ningbo, China, from 6–8 August 2025.

The deals, signed in partnership with the Xidian International Stock Exchange, include over ten cooperation agreements with Chinese companies, expected to accelerate the development of Malawi’s Chipoka Special Economic Zone and stimulate job creation, wealth creation, and industrial growth in line with the Malawi 2063 vision.

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Speaking in China during the forums, MITC Director General Kruger Phiri, who led the high-level delegation, said Malawi’s SEZs offer unmatched opportunities for investors seeking strategic access to regional and global markets.

The audience at the meeting

“The Malawi Special Economic Zones are more than just industrial spaces; they are gateways to Africa. We invite Chinese investors not only to do business in Malawi, but to grow with Malawi,” said Phiri.

According to Phiri, over 300 Chinese investors participated in the engagement, with twenty companies scheduled to visit Malawi in September 2025 for on-site assessments at Chipoka SEZ, marking a significant step toward tangible, sustainable investments.

“We also conducted targeted visits to leading Chinese firms, including Shenzhen Zhonghang Industrial Co., Ltd, a major luggage exporter to the United States, and Jinshi Group, a top 3D printing manufacturer with global distribution networks,” added Phiri.

MITC Board Chair, Patience Chatsika, delivered a strong call to action, urging Chinese investors to seize Malawi’s investment climate and take advantage of special incentives and opportunities available within the Special Economic Zones.

Patience Chatsika making her presentation

“Come and walk the red carpet of opportunity laid out for you by the people of Malawi. Let your factories hum with commerce and your brands proudly bear ‘Made in Malawi,’” Chatsika said.

The mission has been hailed as a breakthrough for Malawi’s investment drive, with officials stressing that the cooperation agreements will help deliver on Malawi 2063 goals of wealth creation, inclusive job opportunities, and sustainable industrialization.